How to Transfer Amazon Gift Card Balance to Credit Card
Amazon gift cards are a popular option for gifting, as they give recipients the freedom to choose their own desired items from the vast selection available on the platform. However, there may be times when you would prefer to have the balance of your Amazon gift card transferred to your credit card. This could be due to various reasons – maybe you want to use the funds for a different purchase or simply want the cash value instead. In this article, we will guide you through the process of transferring your Amazon gift card balance to your credit card. We will also address some frequently asked questions at the end.
Step 1: Check your Amazon gift card balance
Before initiating the transfer process, it is important to know the exact balance on your Amazon gift card. You can do this by logging into your Amazon account and going to the “Gift Cards” section. Here, you will find the current balance of your gift card.
Step 2: Sell your Amazon gift card
To transfer your Amazon gift card balance to your credit card, you will need to sell your gift card to a reputable online marketplace or exchange. There are several platforms available for this purpose, such as Raise, CardCash, and Gift Card Granny. These websites allow you to sell your gift card at a discounted rate, usually around 85-92% of its face value. Choose a platform that offers a good rate and has positive reviews from users.
Step 3: Create an account and list your gift card
Once you have selected a platform, create an account and follow their instructions to list your Amazon gift card for sale. Provide accurate details about the gift card, such as the balance, expiration date (if any), and any additional terms and conditions. The platform will verify the gift card details before listing it for potential buyers.
Step 4: Wait for a buyer and complete the transaction
After listing your gift card, you will need to wait for a buyer to purchase it. The time it takes to find a buyer depends on various factors, such as the popularity of the gift card and the price you set. Once a buyer is found, the platform will notify you, and you can proceed with the transaction. Follow the platform’s instructions to complete the sale, which usually involves providing the gift card details to the buyer.
Step 5: Receive payment
Once the buyer has received and verified the gift card, the platform will release the payment to you. The payment can be received via various methods, such as PayPal, direct bank transfer, or in some cases, as a check. Choose the method that is most convenient for you.
Step 6: Transfer the payment to your credit card
Now that you have received the payment from selling your Amazon gift card, you can transfer the funds to your credit card. If you received the payment via PayPal, you can link your credit card to your PayPal account and transfer the funds accordingly. If you received a direct bank transfer, you can use your online banking service to transfer the funds to your credit card.
Q: Can I transfer my Amazon gift card balance directly to my credit card?
A: No, Amazon does not offer a direct option to transfer gift card balances to credit cards. You will need to sell your gift card to a reputable online marketplace or exchange and then transfer the payment to your credit card.
Q: How long does it take to sell an Amazon gift card?
A: The time it takes to sell an Amazon gift card depends on various factors, such as the platform you choose, the popularity of the gift card, and the price you set. It can take anywhere from a few hours to a few days to find a buyer.
Q: Are there any fees associated with selling an Amazon gift card?
A: Most online marketplaces or exchanges charge a small fee for listing and selling your gift card. The fee varies depending on the platform and the value of the gift card.
Q: Can I sell a partially used Amazon gift card?
A: Yes, you can sell a partially used Amazon gift card. The value of the gift card will be adjusted based on the remaining balance.
In conclusion, transferring your Amazon gift card balance to your credit card involves selling your gift card through a reputable online marketplace or exchange and then transferring the payment to your credit card. Follow the steps outlined in this article to successfully transfer your Amazon gift card balance.